The world of crypto is constantly evolving, and the newest trend tends to be various gaming crypto blockchains where players can earn cryptocurrency by playing games. This is perfectly understandable as gaming has gotten incredibly popular over the last few years, in fact, it got so popular that certain gaming events bring in more viewers than traditional sports championships and other bigger tournaments.
When it comes to the main gaming crypto relationship, it is all about games that are P2E which stands for play to earn. As the name suggests, players will be rewarded with some cryptocurrency for playing the game. There are all kinds of models in the play to earn crypto games world.
Some games will reward the player simply for the time invested into the game, without any competition, while others will reward the player if they prove themselves to be better than others in player versus player style of gameplay.
There are some free-to-play P2E games, but in most cases, a player will have to invest some kind of money in order to acquire gaming tokens, which are essentially a part of a blockchain. Those tokens can be a part of the game’s own blockchain, or they can be a part of a bigger one, like ETC for example.
What are Gaming Crypto Tokens?
In order to make things more universal, as well as more attractive to people, instead of simply trading and getting numbers as items, gaming crypto has NFTs, which are Non-fungible tokens. They are generally assets on a blockchains list. They all have a unique identification code and metadata that separates them from one another.
There are quite a lot of markets where one can purchase an NFT, and what they are doing with that is technically purchasing a part of a blockchain. But instead of it being shown as a number, it is shown as a picture, like a monkey with headphones and a hat for example. It might sound silly, but definitely helps the gaming crypto world feel more alive and more interesting.
Next to that, each crypto game can create their own NFTs from their own blockchain, or use the crypto value from an already existing one if they happen to possess some of it. This gives developers to create various characters with various stats that will help each player have a unique experience. If you are a gamer, you probably already know how it feels to have a unique item, especially if it’s a good one in the competitive environment.
What are the best gaming cryptocurrencies?
We all know that when it comes to cryptocurrencies, there are those who prevail and those who fail in a blink of an eye. That is why it is usually quite difficult to tell which regular cryptocurrencies are good and worth investing In, as things can change without any reason. This is completely different from the gaming crypto scene.
The reason why is because games that are popular, especially those that require some kind of investment, are always going to be popular. One of the best ways to compare the best gaming cryptocurrencies is to compare them to some older tradeable card games, such as MTG(Magic the Gathering) or Yu-Gi-Oh. Those games have been around for years, and the original ones are still worth a fortune, which is similar to gaming crypto coins that a player can invest in or earn while playing a game.
Opened to the public in February 2020, Decentraland is one of the most popular crypto games out there. It is an open-source 3D virtual world platform where players can purchase virtual plots of land as an NFT with the MANA cryptocurrency.
The reason why this game is so popular is that it allows the player to create their own virtual world that other players can enjoy, and eventually profit from it. There is no real comparison to the experience, as it has elements of GTA, Sims, and Minecraft. One thing is for sure tho, and that is that it should be mentioned on every list of gaming cryptocurrencies out there.
2. Axie Infinity
While Decentraland is more oriented on PVE and creating a fantasy world that one can profit from, Axie Infinity is the best example where a player can flourish with their income thanks to nothing but their skill…and maybe a bit of luck, as this element keeps every game interesting.
Axie Infinity is one of the most popular games based on crypto and going back to our previous mention of comparing the gaming crypto to card games like MTG, it is the prime example of why that is so. In this case, however, it is pretty much like the traditional pokemon game.
The game revolves around using Axies, which are NFT characters a player can purchase from the Axie Infinity marketplace and create a team of three. Then, by using the abilities of those three characters, they can queue up for a PVP battle and fight other players on the leader board rankings. As this game is mostly skill-based, it is definitely the best option for passionate gamers who want to earn gaming crypto coins with their skill, and not with their time.
3. The Sandbox
Similarly, how BTC has been around for a long time, and it is still a highly popular cryptocurrency, the Sandbox, which uses the SAND gaming tokens is a game that came out all the way back in 2012 and is among one of the most popular ones to this day. The best part is that this will definitely not change any time soon.
When it comes to the gameplay of this one, it is quite similar to Decentraland, as it too is one of the popular virtual worlds games where players can create their own experiences through NFTs on various plots of land. There are however some differences between the games, and those differences attract different preferences.
4. Honorable mentions
As there are quite a lot of gaming crypto tokens out there, it is quite hard to mention them all. However, if you want to check out some others besides the three that we mentioned; GALA, Enjin Coin, WAX, Chromia, MyNeighborAlice, and Phantasma are the ones that are worthy of your attention. The list of the best gaming cryptocurrencies is everchanging, as new NFTs are created, as well as new games.